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Spark leads sharemarket higher

2017-12-07 nzherald.co.nz
New Zealand shares rose, led higher by Fletcher Building and Spark New Zealand, while A2 Milk Co and Kathmandu Holdings weakened. (26-0)

REPEAT/WSP Announces That the Overseas Investment Office has Consented to its Acquisition of Opus - 95% of the Shares Have Been Tendered

2017-11-27 marketwired
MONTREAL, QUEBEC--(Marketwired - Nov. 27, 2017) - WSP Global Inc. (TSX:WSP) ("WSP" or the "Corporation") is pleased to announce that it has obtained the consent of the Overseas Investment Office to its application filed on August 22, 2017, in the context of the proposed acquisition of Opus International Consultants Limited (NZSE:OIC) ("Opus"). The purchase price, which amounts to NZ$283.9 million (C$262. (3-0)

Canadian firm WSP Global gets Overseas Investment Office approval for Opus International Consultants acquisition

2017-11-26 nzherald.co.nz
Canada's WSP Global Inc has gained Overseas Investment Office approval to acquire locally listed engineering consultancy Opus International Consultants, allowing it to declare the deal unconditional and allaying fears the OIO's work had stalled since the election. (3-0)

WSP Announces That the Overseas Investment Office has Consented to its Acquisition of Opus - 95% of the Shares Have Been Tendered

2017-11-26 marketwired
MONTREAL, QUEBEC--(Marketwired - Nov. 26, 2017) - WSP Global Inc. (TSX:WSP) ("WSP" or the "Corporation") is pleased to announce that it has obtained the consent of the Overseas Investment Office to its application filed on August 22, 2017, in the context of the proposed acquisition of Opus International Consultants Limited (NZSE:OIC) ("Opus"). The purchase price, which amounts to NZ$283.9 million (C$262. (3-0)

Canada's WSP crosses 90% threshold to mop up remaining Opus shares

2017-11-09 nzherald.co.nz
WSP Global Inc, a Canadian listed consultancy firm, has crossed the 90 per cent threshold needed to enforce mop-up provisions in its takeover bid for local engineering firm Opus International Consultants, meaning it just needs regulatory approval to close the deal. (5-0)

UEM Edgenta mulls dividend payout

2017-11-03 thestar.com.my
Media briefing: Azmir and chairman Amir Hamzah (right) at the press conference after the company’s meeting. — Bernama (3-1)

WSP Announces that UEM Edgenta, Opus' Main Shareholder, Has Voted in Favour of the Acquisition

2017-11-02 marketwired
MONTREAL, QUEBEC--(Marketwired - Nov. 2, 2017) - WSP Global Inc. (TSX:WSP) ("WSP" or the "Corporation") is pleased to announce that at the Extraordinary General Meeting of UEM Edgenta Berhad (KLSE:EDGENTA) ("UEM Edgenta") held on November 2, a majority of its shareholders have approved the sale of UEM Edgenta's 61.2% stake in Opus International Consultants Limited (NZSE:OIC) ("OIC") to WSP. (5-1)

Brian Gaynor: A tale of shrinking sharemarkets

2017-08-18 nzherald.co.nz
The takeover offer for Opus International Consultants shows once again that the NZX is struggling to hold on to its listed companies. This is a global phenomenon as new stock exchange listings are declining and listed companies are increasingly subject to takeover offers from trade buyers, private equity or other investment groups.

$265m takeover bid for local infrastructure firm

2017-08-15 radionz.co.nz
A Canadian-based engineering consultancy firm has made a $265 million takeover bid for local infrastructure company Opus International.

UEM Edgenta’s gearing to reduce, plans to sell 61.2% in NZ-based subsidiary

2017-08-14 thestar.com.my
UEM Edgenta’s managing director and chief executive officer Datuk Azmir Merican(filepic) said in the statement the proceeds from the exercise would be used mainly to pare down its debts.

REPEAT: WSP Files Notice of Intention to Acquire Opus International Consultants to Strenghten its Presence in Australia/New Zealand

2017-08-14 marketwired
MONTREAL, QUEBEC--(Marketwired - Aug. 14, 2017) - WSP Global Inc. (TSX:WSP) ("WSP" or the "Corporation") is pleased to announce that it has entered into an agreement with UEM Edgenta Berhad (KLSE:EDGENTA) ("UEM Edgenta"), under which WSP will acquire UEM Edgenta's 61.2% in Opus International Consultants Limited (NZSE:OIC) ("OIC"), through a New Zealand takeover offer. WSP has, through a wholly-owned subsidiary, filed a notice of intention to make this takeover offer, in cash, for 100% of the fully paid shares in OIC at NZ$1.

NZ shares rise, led by Contact on earnings outlook

2017-08-14 nzherald.co.nz
New Zealand shares gained as Contact Energy and Heartland Bank rose on positive earnings, while Freightways dropped on concern over margin pressure. Opus International Consultants soared on the prospect of a takeover.

UEM Edgenta plans to sell stake in Opus International

2017-08-14 thestar.com.my
KUALA LUMPUR: UEM Edgenta Bhd has proposed to dispose of its 61.2% equity stake, or 90.51 million shares in its New Zealand-based subsidiary, Opus International Consultants Limited (OIC) for NZ$161.1mil (RM504.1mil) or NZ$1.78 per share.

Payday for ACC fund managers after premium offer for Opus

2017-08-14 nzherald.co.nz
Fund managers employed by the state-owned Accident Compensation Corp are set for a payday after WSP Global Inc, a Canadian listed consultancy firm, offered an 87 per cent premium for Opus International Consultants.

BRIEF-WSP NZ Acquisition announces intended takeover offer for Opus International Consultants‍​

2017-08-14 reuters
* To acquire Opus shares at offer price of NZ$1.78 per Opus share; offer permits payment of dividend of up to 7 cents per share by Opus Source text for Eikon: Further company coverage: (bangalore.newsroom@thomsonreuters.com)